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Market Risk Benefits (Tables)
 3 Months Ended
Mar. 31, 2025
Insurance [Abstract]  
Schedule of Balances and Changes in Market Risk Benefit
The following table presents the balances of and changes in MRBs associated with indexed annuities and fixed rate annuities for the three months ended March 31, 2025 and the year ended December 31, 2024:
March 31, 2025December 31, 2024
Indexed
annuities		Fixed rate annuitiesIndexed
annuities		Fixed rate annuities
(In millions)
Balance, beginning of period, net liability$420 $1 $314 $1 
Balance, beginning of period, before effect of changes in the instrument-specific credit risk$322 $1 $209 $1 
Issuances and benefit payments26 — 109 — 
Attributed fees collected and interest accrual35 — 147 — 
Actual policyholder behavior different from expected 22 — (5)— 
Changes in assumptions and other1 — 24 — 
Effects of market related movements58 — (162)— 
Balance, end of period, before effect of changes in the instrument-specific credit risk464 1 322 1 
Effect of changes in the instrument-specific credit risk69 — 98 — 
Balance, end of period, net liability533 1 420 1 
Less: reinsured market risk benefits86 — 61 — 
Balance, end of period, net of reinsurance$447 $1 $359 $1 
Weighted-average attained age of policyholders weighted by total AV (years)67.9572.7467.9872.58
Net amount at risk$1,519 $2 $1,327 $2 
Schedule of Reconciliation of Asset and Liability
The following table reconciles MRBs by amounts in an asset position and amounts in a liability position to the MRBs amounts in the accompanying unaudited Condensed Consolidated Balance Sheets:
March 31, 2025December 31, 2024
DirectReinsuredNetDirectReinsuredNet
(In millions)
MRB asset
Indexed annuities$101 $86 $187 $128 $61 $189 
Fixed rate annuities — — — — — — 
Total MRB asset $101 $86 $187 $128 $61 $189 
MRB liability
Indexed annuities$634 $— $634 $548 $— $548 
Fixed rate annuities1 — 1 1 — 1 
Total MRB liability$635 $— $635 $549 $— $549